Business Development Coordinator
Salary

Business Development Coordinators in the United States pull down an average of $46K annually. The range in cash compensation to Business Development Coordinators (largely between $32K and $65K) includes potential earnings of $7K from bonuses, $5K from profit sharing, and commissions of $24K in exceptional cases. Location is the biggest factor affecting pay for this group, followed by career length. Job satisfaction for Business Development Coordinators is high. Female Business Development Coordinators make up most of the survey respondents at 76 percent. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. Participants in PayScale's salary questionnaire provided the particulars of this report.

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).

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Job Description for Business Development Coordinator

Most of the time, business development coordinators work in an office full-time. Their jobs are to continuously generate new clients or new sales leads for their company and to maintain good relationships with existing clients.

Employers often require that business development coordinators have a bachelor’s degree in marketing, management, finance, or business. However, some companies may accept candidates with significant years of experience as business development coordinators in lieu of a bachelor's degree requirement. They must be proficient in Microsoft Office and their organizations' computer system.

Business development coordinators must be motivated. They must be comfortable in communicating with new or existing clients, via phone or email or in person. They must be dedicated, be able to meet deadlines, and be able to work independently. They must have an analytical aptitude to solve complex problems. They must be able to work well in a team environment. Business development coordinators must have excellent communication skills, both orally and in writing. They must be personable and must ensure excellent customer service. They must understand thoroughly the products and services that their company is selling. They must be comfortable in making presentation using various tools, such as PowerPoint slides. They may be required to travel to meet prospective or existing clients. They may have to train, coach, and mentor new or more junior business development coordinators. They may have to keep up to date with government rules and regulations relevant to their industry. They may have to attend conferences.

Business Development Coordinator Tasks

Follow up with potential clients and address their hesitations or concerns.

Work with sales teams and clients to develop effective operational plans and bids.

Research, develop, and write cost estimates and proposals, including assumptions.

Manage logistics of responses and pitches, including arranging meetings and coordinating with other departments.

Common Career Paths for Business Development Coordinator

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Advancing into a Business Development Manager role seems to be a popular career move for Business Development Coordinators, and folks who currently work in the latter position report a notably larger median income of $79K per year.

Business Development Coordinator Job Listings

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Popular Skills for Business Development Coordinator

This chart shows the most popular skills for this job and what effect each skill has on pay.

Business Development Coordinators seem to require a number of specific skills. Most notably, skills in Proposal Writing, Market Research, Customer Relationship Management, and Business Development are correlated to pay that is above average, with boosts of 5 percent, 4 percent, 3 percent, and 3 percent, respectively. Those listing Administration as a skill should be prepared for drastically lower pay. Request For Proposal Creation and Sales also typically command lower compensation. It is often found that people who know Business Development are also skilled in Market Research and Marketing Communications.

Pay by Experience Level for Business Development Coordinator

Median of all compensation (including tips, bonus, and overtime) by years of experience.

For Business Development Coordinators, more experience in the field does not usually mean bigger paychecks. The average worker who claims fewer than five years of experience earns around $44K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $51K. Business Development Coordinators claiming one to two decades of experience make an estimated median of $54K. In the end, the overall pattern seems to be that more experience generally corresponds to higher pay; a Business Development Coordinator with more than 20 years of experience can earn $57K on average.

Pay Difference by Location

Denver is home to an above-average pay rate for Business Development Coordinators, 36 percent higher than the national average. Business Development Coordinators can also look forward to large paychecks in cities like Washington (+15 percent), Los Angeles (+14 percent), New York (+9 percent), and Miami (+9 percent). The lowest-paying market is Philadelphia, which sits 18 percent below the national average. Employers in Atlanta and Dallas also lean toward paying below-median salaries (13 percent lower and 7 percent lower, respectively).

Business Development Coordinator Reviews

What is it like working as a Business Development Coordinator?

Business Development Coordinator in Austin:

"Business development coordinator."

Pros: Exposure to multiple levels and segments within the business. Working with outside sales and analysts.

Cons: In a small company access to resources can be challenging.

Business Development Coordinator in Houston:

"Always Changing."

Pros: That I'm involved in a lot of different projects throughout the organization.

Cons: They recently moved me into my current position knowing that's not the direction I wanted to head.